Author: DailyWestern
by AI | 27.Jun 2025 | Europe in brief AI The Chinese Foreign Minister, Wang Yi, will travel next week to Brussels, France, and Germany to meet with his counterparts, as China hopes to improve its relations with the continent. Chinese Foreign Minister Wang Yi meets with his Russian counterpart in Moscow on April 1, 2025. (Photo: Pavel Bednyakov / POOL / AFP) Beijing – China’s foreign minister, Wang Yi, an experienced 71-year-old senior official, will travel to Europe next week to strengthen ties with the Old Continent, regarded by Beijing as an important trading partner and a crucial counterweight…
There’s not much data on individual central bank holdings of the dollar through 2023, but COFER goes through 2024Q4, and gold holdings through 2025Q1. While there’s been some gain in EUR and other currencies in recent years, the biggest gainer in total reserves (fx reserves and gold) is … gold. Figure 1: USD shares of fx and gold reserves (blue bar), EUR (tan), all other (gray), and gold (yellow). USD(EUR) share assumes 60%(35%) of unallocated reserves are in USD(EUR). Source: IMF COFER, World Gold Counciland author’s calculations. The question is what happens to USD reserves in Q1, with bellicosity of…
Ahead of UEFA Women’s EURO 2025, adidas has unveiled a new campaign film that celebrates the role of competition as a catalyst for growth – showing how support and rivalry can coexist at every level of the women’s game.The short film is the latest installment in adidas’ global “You Got This” campaign, which promotes positivity, support, and resilience in sport. This time, the spotlight is on elite players in the women’s game, including Aitana Bonmatí, Alessia Russo, Jule Brand, Kadidiatou Diani, Lia Wälti and Stina Blackstenius.Aitana Bonmati, Kadidiatou Diani. / adidasThe video flips the traditional idea of rivalry on its…
Flanked by San Antonio Spurs royalty, Spurs guard Stephon Castle was named Rookie of the Year. At his celebratory press conference, San Antonio’s previous Rookie of the Year winners: all-time greats David Robinson and Tim Duncan and a future face of the league Victor Wembanyama, all appeared on stage to hand Castle the trophy and welcome the UConn product into elite company. Castle’s victory marked the first time since 2016 an NBA team had back-to-back Rookie of the Year winners after Wembanyama took home the award last season. The last team to do so was the Minnesota Timberwolves, when Andrew…
FOX Weather Hurricane Specialist Bryan Norcross discusses the first outlook issued for the 2025 Atlantic hurricane season, which was released Thursday morning by forecasters at Colorado State University. The CSU team is calling for 17 named storms, nine of which are expected to become hurricanes. Four of those hurricanes could reach major status, with winds of at least 111 mph (Category 3 or higher).Depending on how you measure tropical activity in the Atlantic, the basin is either busier than a normal hurricane season or far behind how powerful a typical season usually is.How can both be true?Despite two tropical cyclones…
Salem, Ore. – Donations to the Oregon Cultural Trust surpassed $5.7 million in fiscal year 2022, an 11.7 percent increase over fiscal year 2021. The amount also surpasses previously announced 2021 calendar year results of $5.55 million, important as fiscal year results determine the funds available for grant awards to cultural organizations across the state. “We sent out a spring appeal reminding donors that donations made prior to June 30 increase our pool of funding available for grant awards, and they responded generously,” said Cultural Trust Executive Director Brian Rogers. “It’s clear that cultural donors recognize that the more than…
Sen. Elizabeth Warren, D-Mass., said tech giant Meta would be a big winner if Congress passes President Donald Trump’s “One Big Beautiful Bill.” The U.S. House approved the Trump-backed tax and spending plan May 22. The Senate is expected to vote soon on the bill, which Trump says he wants on his desk by July 4. “If every one of the 340 million people in America paid a new $35 copay to visit the doctor, that still wouldn’t be enough to cover how much Meta would get from just one tax break in Donald Trump’s ‘Big Beautiful Bill,’” Warren wrote…
At the Calculated Risk Real Estate Newsletter this week:Click on graph for larger image.• New Home Sales Decrease to 623,000 Annual Rate in May• NAR: Existing-Home Sales Increased to 4.03 million SAAR in May; Down 0.7% YoY• Case-Shiller: National House Price Index Up 2.7% year-over-year in April• Inflation Adjusted House Prices 1.7% Below 2022 Peak• Final Look at Local Housing Markets in May and a Look Ahead to June SalesThis is usually published 4 to 6 times a week and provides more in-depth analysis of the housing market.
The Premier League side face a tough test against the Portuguese side.
The Detroit Pistons were preparing to create enough cap space this summer to make an offer for big man Naz Reid. However, Reid has agreed to a five-year, $125 million contract to stay with the Minnesota Timberwolves. The Pistons may consider making a run at Memphis Grizzlies restricted free agent big man Santi Aldama. Detroit would like to add a stretch big to their frontcourt group. Wolves guard Nickeil Alexander-Walker could also be a target for the Pistons this summer. Detroit is considered likely to re-sign Malik Beasley on a multi-year deal. Re-signing Beasley has been the priority for the…